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Enagas (Enagas) E10 : $2.02 (As of Mar. 2024)


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What is Enagas E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Enagas's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enagas's average E10 Growth Rate was -1.50% per year. During the past 3 years, the average E10 Growth Rate was 2.90% per year. During the past 5 years, the average E10 Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Enagas was 3.30% per year. The lowest was 2.80% per year. And the median was 2.90% per year.

As of today (2024-05-22), Enagas's current stock price is $16.35. Enagas's E10 for the quarter that ended in Mar. 2024 was $2.02. Enagas's Shiller PE Ratio of today is 8.09.

During the past 13 years, the highest Shiller PE Ratio of Enagas was 15.46. The lowest was 6.77. And the median was 10.76.


Enagas E10 Historical Data

The historical data trend for Enagas's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enagas E10 Chart

Enagas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.15 2.20 2.11 2.29

Enagas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 2.12 2.06 2.29 2.02

Competitive Comparison of Enagas's E10

For the Utilities - Regulated Gas subindustry, Enagas's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enagas's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enagas's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Enagas's Shiller PE Ratio falls into.



Enagas E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Enagas's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.272/122.7621*122.7621
=0.272

Current CPI (Mar. 2024) = 122.7621.

Enagas Quarterly Data

per share eps CPI Adj_EPS
201406 0.627 101.081 0.761
201409 0.530 100.441 0.648
201412 0.508 100.251 0.622
201503 0.457 99.474 0.564
201506 0.528 101.138 0.641
201509 0.468 99.559 0.577
201512 0.456 100.268 0.558
201603 0.472 98.638 0.587
201606 0.532 100.333 0.651
201609 0.486 99.737 0.598
201612 0.442 101.842 0.533
201703 0.701 100.896 0.853
201706 0.531 101.848 0.640
201709 0.533 101.524 0.645
201712 0.571 102.975 0.681
201803 0.537 102.122 0.646
201806 0.568 104.165 0.669
201809 0.518 103.818 0.613
201812 0.558 104.193 0.657
201903 0.492 103.488 0.584
201906 0.532 104.612 0.624
201909 0.541 103.905 0.639
201912 0.380 105.015 0.444
202003 0.503 103.469 0.597
202006 0.505 104.254 0.595
202009 0.507 103.521 0.601
202012 0.442 104.456 0.519
202103 0.423 104.857 0.495
202106 0.554 107.102 0.635
202109 0.424 107.669 0.483
202112 0.417 111.298 0.460
202203 0.292 115.153 0.311
202206 -0.158 118.044 -0.164
202209 1.225 117.221 1.283
202212 0.091 117.650 0.095
202303 0.224 118.948 0.231
202306 0.507 120.278 0.517
202309 0.335 121.343 0.339
202312 0.349 121.300 0.353
202403 0.272 122.762 0.272

Add all the adjusted EPS together and divide 10 will get our e10.


Enagas  (OTCPK:ENGGF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Enagas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.35/2.02
=8.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Enagas was 15.46. The lowest was 6.77. And the median was 10.76.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Enagas E10 Related Terms

Thank you for viewing the detailed overview of Enagas's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Enagas (Enagas) Business Description

Address
Paseo De Los Olmos, 19, Madrid, ESP, 28005
Enagas SA is a Spanish utility company involved in the transport, storage, and regasification of natural gas. Its segment include operations into Infrastructure activity, Technical system management, and Non-regulated activities businesses.

Enagas (Enagas) Headlines

From GuruFocus

Enagas SA Stock Is Estimated To Be Fairly Valued

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